In The News

Total U.S. institutional equity commissions have fallen 40% from the first quarter of 2009 to March 31 of this year, the result of less stock turnover after the financial crisis, according to Greenwich Associates.

“Just as it is important for the sell side to have profitable relationships with their counterparts, it is important for investment managers to have meaningful relationships with their brokers,” said Richard Johnson.

In their 2016 U.S. Bond ETF Study Greenwich Associates noted that 71% of surveyed institutional investors have found that the trading, sourcing and liquidity of fixed income securities have become more challenging over the last three years. 

Globally, Greenwich Associates forecasts actively managed assets to rise to $64 trillion in 2020 from $56 trillion in 2015 — a gain of 14.3%, with a compound annual growth rate of 2.7%.

“The dealers are coming around,” said Kevin McPartland. “There is still a strong place for them in the market even if the execution becomes more electronic.”

Richard Johnson said artificial intelligence will transform all aspects of finance.

“Going forward, changes in portfolio management philosophy that depart from the traditional active/passive framework could lead to additional increases in demand for smart beta ETFs," said Andrew McCollum.

Demand for fixed-income research could also dwindle because many products aren’t “research dependent,” according to Greenwich Associates.

If you’re looking for a banking job now, then, this is who you should probably know (Greenwich Leaders).​

Four-fifths of investors are looking to buy alternative data according to Greenwich Associates a research firm.